Lasting Power of Attorney

Lasting Power of Attorney (LPA) is a legal document that allows you to appoint someone to make decisions for you when you are no longer able to do so.

With the rates of degenerative neurological conditions such as dementia and Alzheimer’s increasing, putting an LPA in place is one of the best things you can do to ensure your wishes are met regarding financial and welfare-based decisions should you lose mental capacity.

By creating a Lasting Power of Attorney when you still have the mental capacity to do so, you avoid the risk of your loved ones trying to take control of your finances in lengthy, stressful procedures if there comes a time when you do lack mental capacity.

What types of LPA are there?

There are typically two types of Lasting Power of Attorney, one which covers property and finances, and another which focuses on health and welfare.

A property and finances LPA can be used even if you still have mental capacity, it enables your attorney to pay bills on your behalf make key decisions about selling your house, dealing with benefits and your bank accounts and investments.

The health and welfare LPA allows your attorney to make decisions about where you live, your medical treatment, and social and health care issues. Unlike the property and financial LPA, this can only be used when you no longer have the mental capacity to make your own health decisions.

How we can help

Here at Knightsbridge Solicitors, our team of specialists have extensive experience regarding Lasting Power of Attorney. We can guide and support you through the process of drawing up an LPA, we can also assist you in situations where you may wish to revoke an existing power of attorney or put limitations in place regarding the decisions your attorney can make.

We can also act as a professional attorney in situations where no family member wants to take on the role or there is no one suitable to act as an attorney.

Contact us today, for professional, personalised advice and guidance from our specialists. Our experienced team can guide you through every step of the process, from writing the first draft to implementing your trust.

To learn more or book a consultation for any of our private client services, contact us on 0115 824 1700 or fill out an online enquiry form.